Top MBA Business Analytics Colleges in Bangalore

The MBA Business Analytics students can find ample job opportunities across the globe. They are largely hired in global MNCs. The demand for skilled professionals is projected to increase by 15% by 2025. The organisations are ready to pay handsome salary packages for the right candidates.

Some of the job roles available are:

Machine Learning Analyst: Machine learning analyst is a specialist role still in its infancy. Machine learning analysts collaborate with the organization’s data science team to build programs and create algorithms to deliver data-driven products and services that enable machines to make decisions, take action and enhance user experience without any human interference. An example of this would-be self-driving cars and personalized social media news feeds.

Earning Potential: The machine learning analysts will be earning around 6 lakhs to 8 lakhs per annum.

Data Architect: Data architects use extensive programming tools to design secure data frameworks in order to manage large electronic databases for organizations. This is a highly technical role that involves ensuring the data is relevant, accurate and accessible to the organization so employees can access this information, such as financial records and marketing information, wherever and whenever they need.

Earning Potential: The data architects will be earning around 7 lakhs to 9 lakhs per annum.

Statistician: Statisticians compile, analyze and evaluate quantitative information from surveys and experiments in order to help organizations reach operational standards and advise on practical solutions to problems.

Earning Potential: The statisticians will be earning around 6 lakhs to 10 lakhs per annum.

Data Analyst: Data analysts are inquisitive, highly analytical and have a way with numbers. Every organization and business collects data, whether it’s sales figures, logistics, market research or transportation costs. As a data analyst it’s your job to gather and evaluate this data in order to provide clear insights as to how the organization can improve its business strategy and make better business decisions across various areas. 

Earning Potential: The data analysts will be earning around 8 lakhs to 12 lakhs per annum.

Market Research Analyst: Market research analysts compile complex reports, spreadsheets, surveys and opinion polls in order to gather and evaluate significant market intelligence that can help an organization market their product or service in the best way possible. Data can include consumer demographics, spending habits and sales trends, needs, interests, and preferences.

Earning Potential: The market research analysts will be earning around 9 lakhs to 15 lakhs per annum.

Other Potential career roles:

• Business Analyst
• Data Analyst
• Growth Analyst
• Digital Analyst
• Process Analyst
• Big Data Analyst
• Financial Analyst
• Fraud Analyst
• Management Analyst
• Market Research Analyst
• Health Care Analyst
• Predictive Modeller
• Quantitative Analyst
• Computer System Analyst

The MBA Business Analytics professionals will enjoy the following benefits in their career

1. Soaring demand for Business Analytics Professionals: There are more job opportunities today available in business analytics when compared to the last 5 years in most of the IT companies. The job trend graph for business analytics from various job listing sites proves that there is a growing trend for it and as a result there is a steady increase in the number of job opportunities in the field of business analytics.

2. Huge job opportunities & meeting the skill gaps: The demand for business analytics skills is going up steadily but there is a huge deficit on the supply side. This is happening globally and is not restricted to any part of geography. In spite of business analytics being a ‘Hot’ job there is still a large number of unfilled jobs across the globe due to the shortage of required skill. So, there are a good number of job positions in the field of business analytics and no sign of saturation is witnessed in this field.

3. High Salaries: Strong demand for business analytics skills is boosting the wages for qualified professionals and making the organisations pay the business analytics professionals with big bucks for the right skill. The phenomenon is being seen globally where countries like Australia, USA, and UK are witnessing this scenario.

4. Business Analytics: A Top Priority in a lot of organisations: According to various global surveys conducted in the business analytics field, it is clearly mentioned that business analytics is one of the top priorities of the organisations across the globe. The business analytics professionals are given top priority in all the organisations when compared to others. The management is more dependent on the business data given by the business analytics professionals to take decisions on business strategies in the organisations. 

5. Adaptation of business analytics is growing: New technologies are now making it easier to perform increasingly sophisticated business analysis on a very large and diverse datasets. With business analytics providing an edge over the competition the rate of implementation of the necessary business analytics tools has increased exponentially in both start-ups and top MNCs. More and more organisations are adapting business analytics technologies due to its capabilities that increases the efficiency and performance of the organisation to have a competitive edge in the markets.